Blockchain Analyst Reveals Possible Insider Activity
Blockchain analyst Eye has reported that information he discovered may indicate insider activity at the highest levels of U.S. political power. The case includes a Hyperliquid trader who reportedly earned over $150 million by shorting assets just before Donald Trump announced tariffs on imports from China.
Sources cited by Eye suggest that some Hyperliquid positions may have relied on information obtained from individuals close to the U.S. President. The main channels of information dissemination are said to include:
- A leak from the foreign policy organ of the Communist Party of China
- An insider crypto trading ring operating extensively within the White House
Key Figures and Alleged Frontmen
According to the investigation’s author, the key figures are Zach Witkoff and Chase Herro, both of whom allegedly had access to high-ranking officials and shared confidential data with select traders in advance. This allowed them to open highly profitable short-term positions before White House announcements.
Eye added that Trump’s eldest sons may also be involved, although only Witkoff and Herro’s names have been confirmed so far. Analysts had previously linked one Hyperliquid user’s exceptionally successful trades to former BitForex CEO Garrett Jin, but new information suggests Jin may have been a frontman.
It is reported that on the night of October 10, 2025, the crypto market collapsed following Trump’s announcement of 100% tariffs on imports from China. Just before the announcement, an unknown trader opened a short position and earned over $150 million, highlighting the scale of the suspected insider activity.